Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Bright) Bright complete technical analysis [charts+indicators] | Buy/Sell Bright | (Bright) share price targets

Complete technical analysis of Bright (Bright) by charts plus indicators, forecast predictions and share price targets for Bright (Bright)

Showing technical analysis as on 2024-08-02 View latest technical analysis

10 day averaged volume of Bright is 1325

Date Daily Closing Price Open High Low Volume
02 Fri Aug 2024 433.35 453.20 453.20 431.50 0.755 times
01 Thu Aug 2024 440.00 440.00 449.00 430.00 2.264 times
31 Wed Jul 2024 441.50 435.50 442.00 435.50 0.755 times
30 Tue Jul 2024 445.55 455.00 464.00 445.55 1.887 times
29 Mon Jul 2024 445.00 463.50 463.50 445.00 0.755 times
26 Fri Jul 2024 450.00 426.00 468.00 426.00 0.566 times
25 Thu Jul 2024 446.75 451.10 451.10 445.00 0.755 times
24 Wed Jul 2024 449.00 449.00 449.00 449.00 0.189 times
23 Tue Jul 2024 449.90 430.00 449.90 430.00 0.755 times
22 Mon Jul 2024 438.00 450.00 450.00 438.00 0.566 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 439.3, but if it comes above 439.3, then a intra day buy could be more profitable.
If you take a sell trade below 439.3, then use 439.3 as stoploss and 424.4 as target. However if you take a buy trade in stock , then use 439.3 as stoploss and 451.77 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 402.55
Downside Target 425.10
Upside Target 445.00
Upside Target 464.60
Upside Target 468.00
Upside Target 497.35
Upside Target 502.00
Upside Target 505.00
Upside Target 528.10
Upside Target 549.50

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 420.9
Downside Intraday Target 408.45
Upside Intraday Target 454.9
Upside Intraday Target 476.45
Upside Intraday Target 442.45

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
02 Fri Aug 2024 433.35 463.50 464.00 430.00 2.267 times
26 Fri Jul 2024 450.00 450.00 468.00 426.00 0.441 times
19 Fri Jul 2024 450.00 464.60 464.60 430.00 0.33 times
12 Fri Jul 2024 470.00 450.00 497.35 450.00 3.121 times
05 Fri Jul 2024 450.00 425.10 505.00 425.10 0.145 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bright (Bright)

Date Monthly Closing Price Open High Low Volume
02 Fri Aug 2024 433.35 440.00 453.20 430.00 0.079 times
31 Wed Jul 2024 441.50 425.10 505.00 425.10 0.404 times
28 Fri Jun 2024 448.00 475.00 528.10 402.55 0.592 times
30 Thu May 2024 478.00 451.50 549.50 445.00 1.22 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bright (Bright)

Price action analysis of Bright ( (Bright) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bright ( (Bright) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bright ( (Bright) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bright ( (Bright) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bright stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bright in short term and the sell signal is strong.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bright in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bright is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 443.15 and Bright (Bright) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bright (Bright) stock. Volume based technical analysis of Bright (Bright) stock is negative.

Bright Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Bright ( (Bright) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bright ( (Bright) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bright ( (Bright) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bright ( (Bright) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bright stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bright in short term and the sell signal is strong.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bright in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bright is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 443.15 and Bright (Bright) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bright (Bright) stock. Volume based technical analysis of Bright (Bright) stock is negative.

Bright Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Bright charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme